Cheetah Mobile (NYSE:CMCM) Raised to “Buy” at StockNews.com

Cheetah Mobile (NYSE:CMCMGet Free Report) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Sunday.

Cheetah Mobile Price Performance

Shares of Cheetah Mobile stock opened at $4.29 on Friday. Cheetah Mobile has a 1-year low of $2.70 and a 1-year high of $6.78. The company has a market capitalization of $128.20 million, a PE ratio of -1.50 and a beta of 1.58. The business has a 50-day moving average of $5.06 and a 200-day moving average of $4.78.

Cheetah Mobile (NYSE:CMCMGet Free Report) last posted its quarterly earnings data on Wednesday, March 26th. The software maker reported ($0.95) earnings per share (EPS) for the quarter. The business had revenue of $32.48 million during the quarter.

About Cheetah Mobile

(Get Free Report)

Cheetah Mobile Inc along with its subsidiaries, engages in provision of internet services, artificial intelligence, and other services in the People's Republic of China, Hong Kong, Japan, and internationally. The company's internet products include Duba Anti-virus, an internet security application to protect users against known and unknown security threats and malicious applications; and Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices.

Further Reading

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